The Business Plan Framework Although planning is a necessary part of writing a business plan it does not appear as a specific component in the final document. Figure 2.0 illustrates the linkages between the planning components and the written components of a business plan.
Of course, it can be used for all business models, but it is particularly suitable for online startups. The business model canvas is also a valuable framework for summarizing strategy for online businesses for students, so it now features in my Digital business and Ecommerce Management and Digital Marketing books – to help spread the word!
What is a Strategy Framework Strategy frameworks are tools that help structure business thinking and guide businesses as they grow and accomplish their missions. They can also be used to analyze business issues and develop strategies. And strategy consultants often use them to communicate their solutions to their clients.